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Equilibrium’s second water fund targets $300m

The vehicle’s predecessor, Wastewater Opportunity Fund, closed on $184m in 2016 and focused on the construction of facilities to process food, beverage, agricultural and municipal wastewater.

Gina Rinehart blasts government interference in Australian ag

Australia’s richest woman and chairman of Hancock Prospecting Group has criticised excessive red tape and the ‘burdens’ placed on ag by government.

Blue Sky appoints former Hastings boss as chairman

Andrew Day, who led Hastings Funds Management for six years, will step into the role later this month.

First State Super pauses future investments with Blue Sky

The fund, which has invested in water rights and almonds through the Brisbane-based manager, is monitoring the situation due to potential reputational risk.

Oaktree to invest $36m in Blue Sky through convertible loan note

The embattled Australian fund manager will use the capital for co-investments and leverage Oaktree's reputation with prospective LPs.

Washington-backed Arable Capital adds to irrigation platform

After closing a $300m debut fund last summer, the acquisition of Universal Irrigation marks the third such deal for the West Coast midstream specialists.

Rural Funds Management continues expansion with Queensland acquisitions

The manager of ASX-listed Rural Funds Group has bought cotton and cattle properties months after securing A$150m through an equity raise.

Blue Sky to rebrand and continue raising ag funds

Interim MD Kim Morison expresses disappointment at how the real assets division, which he previously headed, has been ‘hijacked’ by poor investments in the firm's other business units.

A bubble in Australia’s water markets?

Prices for both water entitlements and allocations are at record levels. Investors rejoice, but cotton, rice and dairy producers are feeling the squeeze.

Australian mixed farming aggregation of ‘rare’ size hits market

The mixed-farming aggregation near Mudgee comes with a significant water allocation, helping alleviate drought conditions.

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